SBJ Global Risk marks 100% MBO with plans to launch MGA

Simon Rice SBJ Global Risks

The chief executive of Lloyd's and international wholesale broker SBJ Global Risks has revealed the company's intention to launch a managing general agent (MGA) next year.

Simon Rice, CEO of SBJ Global Risks, said that the company "does a lot of binding authority business already" and that it had plans for further growth in this area.

"It's my wish at some stage to get into the MGA arena, this will probably happen next year," he said.

"We have already helped arrange MGAs for other people in the

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